Shoe Show, Inc.

Concord, NC RetailNAICS 448210

Self-funded health planPlan year 2024Renews August
3,257ParticipantsFirst year on file
$7.7MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#7 of 25Retail in NCBy participants

Overview

Shoe Show, Inc. sponsors a self-funded health plan that covered 3,257 participants in plan year 2024. The plan year starts in August. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
3,257
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Shoe Show, Inc. Employee Benefit Plan, plan 501 (3,257 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company and Affiliates
Broker compensation
$8K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance Company and AffiliatesStop-loss1,770$853K—
Unum Life Insurance Company of AmericaLife, Long-term disability, Short-term disability3,096$804K$8K
First Unum Life Insurance CompanyShort-term disability367$36K—

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$7.7M/ year

Estimated prescription spend: 3,257 participants × $2,371 national average per member. Usually higher once dependents are counted.

$201K–$495K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$59K–$147K
Lower-cost therapeutic alternatives$86K–$179K
Generic pricing vs. actual cost$37K–$111K
PBM contract terms$19K–$58K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Shoe Show, Inc.
Sponsor EIN
56-0848427
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-0848427 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Shoe Show Retirement Savings Plan
Type
401(k) plan
Participants
3,638

About this data

Source: Shoe Show, Inc.'s Form 5500 filing for plan year 2024 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Shoe Show, Inc..

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